taxes Property Tax Assistance

2024 Confidence Interval Detail

Ellis County
070-905/Ferris ISD

Category Summary

(1)
Category
(1)
Stratum
Number
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 2 227,230,729 0.9210 246,721,747 21 1,292 0.022466707
A 3 287,025,240 1.0126 283,453,723 58 1,007 0.007448042
A 4 217,687,330 1.0299 211,367,443 31 593 0.007030297
A 5 170,372,922 1.0920 156,019,159 15 324 0.017708746
E 0 213,794,216 0.9128 234,218,028 20 723 0.049473498
F1 2 19,247,375 1.0702 17,984,839 10 58 0.086909355
F1 3 17,094,434 0.7667 22,296,118 8 23 0.132082682
F1 4 20,975,468 1.0139 20,687,906 6 13 0.004135541
F1 5 22,248,895 1.1502 19,343,501 3 7 0.039904662
Random Totals: 1,195,676,609 1,212,092,464 172 4,040
CATG D1 EXCEPTION VALUES: 7,204,735 3,346,760
Total Test Values 1,202,881,344 1,215,439,224

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 60,771,961

Confidence Interval Values(5)

Local Test Value: 1,202,881,344 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,154,667,263 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,276,211,185 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values